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Former senior Rio Tinto executive appointed

7 Jun 2017 07:00

RNS Number : 3363H
Berkeley Energia Limited
07 June 2017
 

BERKELEY ENERGIA LIMITED

 

NEWS RELEASE | 7 June 2017 | AIM/ASX: BKY

 

Former senior Rio Tinto executive appointed as a Non-Executive Director

 

Berkeley Energia is pleased to announce that highly respected London-based mining executive Mr Nigel Jones has been appointed as an independent Non-Executive Director of the Company, effective today.

Mr Jones has thirty years' experience in the international mining sector. He has considerable corporate development and marketing expertise, including being responsible for the negotiation of key uranium supply agreements for Rio Tinto.

Mr Jones spent two decades at Rio Tinto, where ultimately he held the position of Global Head of Business Development and prior to that Managing Director of Rio Tinto Marine, Head of Investor Relations and Marketing Director, Uranium.

Mr Jones was recently appointed as Head of Private Side Capital Markets at ICBC Standard Bank, the global markets subsidiary of ICBC Bank, which is the world's largest bank by assets.

Mr Jones is an Oxford University graduate and has completed a Corporate Finance Programme at the London Business School.

 

Mr Jones will replace Dr Jim Ross, who is today retiring from the Board after over twelve years of service.

 

Paul Atherley, Managing Director, commented:

 

"We are delighted to welcome Nigel to the Board, a key appointment in step with the Company's transition into a European-focused uranium developer and producer.

 

We believe his considerable experience in corporate development and marketing of uranium products will be of considerable value to the Company.

 

On behalf of the Board and the rest of the Company, I would like to sincerely thank Dr Ross for his guidance and many contributions to the highly successful transformation of the Company from a junior explorer to an institutionally backed European uranium developer. We wish him all the best in his future endeavours."

For further information please contact:

Berkeley Energia Limited

+44 20 3903 1930

Paul Atherley, Managing Director

info@berkeleyenergia.com

Hugo Schumann, Chief Commercial Officer

Peel Hunt LLP (Joint Broker)

+44 20 7418 8900

Matthew Armitt

Ross Allister

Chris Burrows

WH Ireland Limited (Nominated Adviser)

+44 20 7220 1666

Paul Shackleton

Nick Prowting

Jay Ashfield

Buchanan

+44 207 466 5000

Bobby Morse, Senior Partner

BKY@buchanan.uk.com

Anna Michniewicz, Account Director

 

Mr Nigel Hanson Jones's (aged 51) directorships in the last five years are as follows:

Company

Status

Redbeck Partners Ltd

Current

Avalite Resources Ltd

Current

Rio Tinto Medical Plan Trustees Ltd

Previous

Rio Tinto Uranium Ltd

Previous

Rio Tinto Iron Ore Asia Pte Ltd

Previous

Rio Tinto Shipping (Asia) Pte Ltd

Previous

Rio Tinto Procurement (Singapore) Pte Ltd

Previous

 

There are no other disclosures required in accordance with Rule 17 or Schedule 2(g) of the AIM Rules.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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